Mr.Million | Two Possible Scenarios for TSLA

Scenario #1: TSLA completed Wave (5) (in white) rather quickly, followed by a price retracement to Wave (4) low. 📉

Scenario #2: TSLA is in an ending diagonal, with a bearish RSI divergence already formed. Both near-term and long-term outlooks are bearish. 📉 (See the image below)


In both scenarios, TSLA appears to be bracing a downward move. If you’re holding shares of TSLA, consider scaling out in stages to lock in gains.